This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...

In all continental European countries there exist non-market mechanisms that determine or `regulate` wage rates for the low-paid. We consider the experience of three countries that have national minimum wages France, Belgium, and the Netherlands - and three where low wage rates are determined...

In this article, we examine structural changes in minimum wage and low wage labor following the introduction and first increase of the German minimum wage. Changes in the impact that workers face earning gross hourly wages below the minimum-wage or low-wage thresholds are identified by comparing...